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CAMTEK INTRODUCES A NEW SEMICONDUCTOR INSPECTION SYSTEM FOR THE LED MARKET PDF Print E-mail
Tuesday, 26 January 2010

MIGDAL HAEMEK, Israel – January 25, 2010 – Camtek Ltd. (NASDAQ and TASE: CAMT) (“Camtek” or the “Company”), today announced the introduction of a new Semiconductor Inspection tool focused on the special requirements of the LED Market.

Camtek’s Condor 5LED is a new AOI (Automated Optical Inspection) system designed to provide solutions to a variety of requirements that are unique to LED Semiconductor Manufacturers.

The LED Market’s special inspection requirements are characterized by 3-6 inch wafers, each of which may contain between 100 to over 200 thousand LED devices per wafer. Typically the wafer is made of a translucent compound semiconductor such as Gallium Arsenide, Gallium Phosphide and/or Indium Phosphide. The customers’ defect specifications and unique inspection process raise a significant challenge for AOI suppliers to solve.

Camtek has already been addressing the special needs of this market for over two years and has designed solutions on a per customer basis, built into existing platforms. Camtek has installed 6 such systems in three countries in this time. The new Condor 5LED incorporates all Camtek’s experience in this space, into a singular and focused designated solution, targeted at the LED Market.

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CAMTEK ANNOUNCES THE APPOINTMENT OF NIR DERY AS VP MARKETING AND GILAD GOLAN AS VP R&D PDF Print E-mail
Tuesday, 05 January 2010

MIGDAL HAEMEK, Israel – January 5, 2010 – Camtek Ltd. (NASDAQ and TASE: CAMT) (“Camtek” or the “Company”), today announced the appointment of Nir Dery as the Company's VP marketing and Gilad Golan as the Company's VP Research and Development Division.

Mr. Dery joined Camtek in January 2001 and since then held various positions in the Company, including project manager and
marketing manager - PCB division. Prior to joining Camtek, Mr. Dery worked at PCB technologies Ltd. as a department manager.
Mr. Dery holds B.Sc. in material engineering and B.A in physics from the Technion, Israel Institute of Technology.

Mr. Golan has been employed by the Company since November 2006 as R&D manager for Micro Electronics Division, and since
February 2009 as Camtek's R&D Division Manager. Between 2005 and November 2006, Mr. Golan served as Chief Executive Officer of Ellumina Vision Ltd., a start-up in the semiconductor equipment industry. From 2000 until 2005, Mr. Golan was the General Manager of Accretech Israel, the R&D site of Accretech (TSK) for wafer inspection. Prior to that, Mr. Golan held various
managerial positions with Accretech Israel and Opal Technologies, both semiconductor inspection and metrology equipment
manufacturers. Mr. Golan holds a B.Sc. and a M.Sc. in electrical engineering from Ben-Gurion University and MEI (Master of
Entrepreneurial Innovation) form ISEMI/Swinburne University of Technology. 

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CAMTEK RECEIVES FIRST ORDER FOR ITS NEW FRONT-END SEMICONDUCTOR INSPECTION SYSTEM – THE GANNET PDF Print E-mail
Tuesday, 05 January 2010

Camtek’s GANNET System Chosen by a leading Asian Integrated Device Manufacturer
Combines Advanced Performance with Cost Efficiency


MIGDAL HAEMEK, Israel – January 5, 2010 – Camtek Ltd. (NASDAQ and TASE: CAMT) (“Camtek” or the “Company”), today announced
its first sale, during December 2009, of the Gannet, Camtek’s first new Automatic Optical Inspection (AOI) system for the
front-end semiconductor industry, to a leading Asian Integrated Device Manufacturer (IDM).

Camtek’s GANNET is a new AOI system designed to provide solutions to a variety of processes in the front-end market, offering
 a competitive advantage to customers. Designed to address the global trend for multiple resolution inspection at a low cost
of ownership, the GANNET system provides high sensitivity defect detection and rapid setup combined with high throughput
capabilities.

The Gannet recently completed a successful beta test at a  fab in Israel and has now been released for commercial sales.

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CAMTEK ANNOUNCES CLOSING OF THE ACQUISITION OF SELA - Semiconductor Engineering Laboratories LTD. PDF Print E-mail
Thursday, 19 November 2009

MIGDAL HAEMEK, Israel – November 12, 2009 – Camtek Ltd. (NASDAQ and TASE: CAMT), today announced that further to its
announcement on September 24, 2009, regarding the signing of an agreement for the acquisition of the entire share capital of
 SELA - Semiconductor Engineering Laboratories Ltd. (“SELA”), it has completed the acquisition of Sela.

In consideration for the shares, Camtek will pay to SELA’s shareholders future payments in the aggregate amount of up to
$9.5 million, contingent upon SELA’s revenues.

SELA is engaged in the development, manufacturing and marketing of automated SEM (Scanning Electron Microscope) and TEM
(Transmission Electron Microscope) sample preparation equipment, primarily for the semiconductor industry. SELA has more than 275 systems installed worldwide, many of which are located at world-leading semiconductor fabrication facilities.
SELA recently introduced the Xact, the first TEM/STEM sample preparation system using Adaptive Ion Milling (AIM) technology.
 The AIM technology brings numerous advantages to traditional FIB (Focused Ion Beam) technology by reducing the sample
thickness to below 30nm over a large area with high precision and throughput and with superior image quality.
“SELA is a significant addition to our technological assets, and we are eager to leverage Camtek’s global infrastructure,
sales and support teams, manufacturing and facilities, to continue to service SELA’s existing customer base, while targeting
new customers. Sela will function as a Business Division within Camtek, led by Mr. Colin Smith, formerly SELA's CEO and
President, who will assume the position of VP at Camtek and Sela Division manager” commented Rafi Amit, Camtek’s CEO.

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CAMTEK ANNOUNCES SEQUENTIAL GROWTH PDF Print E-mail
Wednesday, 11 November 2009

CAMTEK ANNOUNCES SEQUENTIAL GROWTH IN REVENUES AND GROSS PROFIT IN THIRD QUARTER 2009
16% sequential revenue increase from second quarter 2009;
45% sequential increase in gross profit

MIGDAL HAEMEK, Israel – November 11, 2009 – Camtek Ltd. (NASDAQ and TASE: CAMT), today announced its financial results for the third quarter ended September 30, 2009.

Main Financial Highlights:
• Gross margin increased to 42%, up from 34% in second quarter 2009
• Operating and net loss narrowed substantially compared to prior quarter
• Cash and cash equivalents balance increase $1.8 million during the quarter


Third Quarter Financial Results:
Revenues for the third quarter of 2009 increased 16% to $14.5 million, compared to $12.5 million in the second quarter of
2009. Revenues in the third quarter last year totaled $19.1 million.

Gross profit for the third quarter totaled $6.1 million, a 45% increase compared to the $4.2 million gross profit in the
second quarter of 2009. Gross profit for the third quarter of 2008 totaled $6.5 million. Gross margin for the third quarter
of 2009 totaled 42%, compared to 34% in the second quarter of 2009 and 34% in the third quarter of 2008. The higher gross
margin in the third quarter resulted from a more favorable product and service mix as compared to the prior quarter. Gross
margin for the third quarter of 2008 included an inventory write-off of $1.5 million compared to a $0.5 million write-off
this quarter.

Operating loss for the third quarter of 2009 narrowed substantially to $180 thousand, compared to the $2.1 million operating
loss in the prior quarter. Operating loss in the third quarter of 2008 totaled $3.8 million. Net loss for the third quarter of 2009 totaled $0.33 million, or $0.01 per share, compared to $2.1 million, or $0.07 per share in the prior quarter. Net loss for the third quarter last year totaled $4.1 million, or $0.14 per share.

Cash and cash equivalents at September 30, 2009, totaled $13.8 million compared to $12 million at June 30, 2009. The increase
in cash during the quarter resulted primarily from a decrease in inventory levels and from improved customer collections.

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